Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.”
Ethereum Options Volume Grows Exponentially, $50K Strike Flexes Muscle
When it comes to bitcoin (BTC) derivatives, the trading platform Deribit captures the lion’s share of today’s options volume. The cryptocurrency exchange also features bitcoin futures and ethereum options as well. During the first week of May, Deribit’s ethereum (ETH) options surpassed bitcoin (BTC) options for the first time.
Skew analytics data shows while BTC had $880 million on May 3, ETH options saw $1.3 billion. The volume continued that week as the analytics company Skew tweeted about the staggering ETH options volume last Thursday.
“Ether markets seeing record activity this week across spot, futures and options,” the anal
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